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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (8421)	3/3/1998 2:30:00 PM
From: SJSharky	Respond to of 13594

Agree...I don't understand how anyone can perceive Case's filing as a sign that he's bailing. It's generally not a good idea to keep your eggs in one basket. Case is just diversifying his holdings IMHO. --Ryan BTW, what does the table prove as for when Steve's options will expire worthless. The co been around over 10 years - and if it was a flood to get out, why aren't the other 5th floor guys bailing? Yawn - a non event imho.

To: Sam who wrote (8421)	3/3/1998 7:03:00 PM
From: Harry Larson	Respond to of 13594

Sale of 500,000 shares is 2.5x the largest number in 1996-7, and 4.4x the 114,555 share average. And = to 22% of Case's total holdings of shares and exercisable options. Not "normal diversification". STEVEN CASE: MAJOR FORM 4 SALES 1996-1997* SHARES DATE(S) PRICE SHS OWNED* 100,000 12/01/97-12/03/97 77.00-78.00 638,409 150,000 09/16/97-09/19/97 74.00-76.06 486,609 6,000 06/13/97 58.13-58.88 4,086 100,000 06/11/97 59.13 486,609 100,000 05/12/97 50.35 509,109 100,000 03/05/97-03/06/97 42.25-42.88 437,109 75,000 06/03/96 55.00 186,556 200,000 05/21/96 53.01 186,556 100,000 03/15/96 54.23 186,556 100,000 02/09/96 50.50-50.77 186,556 EX unexercised options EX 25,000 @ $0 05/14/97-08/05/97